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Export, Energy Consumption and Economic Growth Inter-Linkages: The Case of Lithuania

Abstract

This paper has aimed to examine the causal relationships between energy consumption – economic growth, export – energy consumption and export – economic growth in Lithuania during the period of 1998 – 2015. Descriptive statistics analysis and econometric techniques have been applied for this purpose. Granger causality test has been used to a time series data set to determine the causality between variables. The results of Granger causality test have shown unidirectional causality running from GDP to energy consumption, from export to GDP and from export to energy consumption. It is obvious that GDP and export play significant roles in accelerating energy consumption in Lithuania. The determination of the causal links between energy consumption – economic growth, export – economic growth and energy consumption – export has provided policy makers with the main insights to formulate future policy directions for sustainable economic development in Lithuania.

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Evidence on the Nexus Between Electricity Consumption and Economic Growth through Empirical Investigation of Uganda

Abstract

This paper empirically examines the electricity consumption - economic growth nexus in Uganda for the period 1982 to 2013, with a view to contributing to the body of literature on this topic and informing energy policy design in Uganda. Using capital stock as an intermittent variable in the causality framework, the paper employs Johansen-Juselius (1988, 1995) multivariate cointegration and VECM based Granger causality tests and finds a bidirectional causality between electricity consumption and economic growth in the long-term and distinct causal flow from economic growth to electricity consumption in the short-run, and short-term and long-term Granger causality from capital stock to economic growth, with short-run feedback in the opposite direction. Therefore, it implies that firstly, the Government of Uganda (GoU) can implement conservation policies only through reducing energy intensity and promoting efficient energy use to avoid decline in output and secondly, that the GoU should intensify its efforts towards capital accumulation in order to realize sustainable economic growth. Lastly, the empirical evidence that electricity consumption influences some short-term capital accumulation supports the GoU’s efforts to allow private sector investment in the electricity sector in an effort to increase electricity supply.

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Non-Renewable Energy and Macroeconomic Efficiency of Seven Major Oil Producing Economies in Africa

Abstract

This study adopted two-stage DEA to estimate the technical efficiency scores and assess the impact of the two most important components of fossil fuel associated with oil production on macroeconomic efficiency of Seven oil producing African countries during 2005-2012. Our results showed that increasing the consumption of natural gas would improve technical efficiency. Furthermore, increasing the share of fossil fuel in total energy consumption has negative effect on the efficiency of the economies of the top African oil producers. Also, we found that increasing the consumption of primary energy improves efficiency in these economies. We therefore, recommend that governments and other stakeholders in the energy industry should adopt inclusive strategies that will promote the use of natural gas in the short term. However, in the long-run, efforts should be geared towards increasing the use of primary energy, thereby reducing the percentage share of fossil fuel in total energy consumption.

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Justifiable Renewable Energy Usage from an Economic Angle

Abstract

Worldwide, there is a huge demand for the application of renewable energy technologies mainly due to the current environmental problems that mostly originated from our fossil-based energy system. This study is aiming at presenting areas which require a bigger share of renewables from the global energy mix but only for economic reasons. We highlight that these alternatives can bear with advantageous economic effects compared to the non-renewable ones. We take into account renewables-based business opportunities, and then we discuss the positive effects of renewables on economic development. Finally, we look at the issuant security of energy supply and talk about beneficial labor market impacts caused by renewable energies.

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Petroleum – Strategic Resource for World Economy

Abstract

Petroleum is the most important resource for global energy production, far exceeding the role of coal and natural gas, the role of river energy and wind energy, and also the role of nuclear fuel.

All highly industrialized countries are making great efforts to ensure the energy needs of the functioning of economies under the conditions of fierce global competition. None of the world’s first 10-12 economies can give up on petroleum imports, and the exporting countries benefit from large financial resources from petroleum.

Saudi Arabia, Qatar, United Arab Emirates, Venezuela, Russia and other petroleum-rich countries secure themselves significant foreign revenue for their economic development, defense and overall well-being.

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Electricity Supply and Economic Diversification in Nigeria (1981-2016)

Abstract

The study examined the impact of electricity supply on economic diversification in Nigeria, using time series data from 1981 to 2016. The study employed descriptive analysis and Autoregressive Distributed Lag (ARDL) techniques. The Augmented Dickey-Fuller unit root test showed that the variables are integrated of different orders.

The result from the Bounds co-integration test to show the presence of a long-run relationship among the variables was inconclusive. The short run (ARDL) model, however, indicated a positive insignificant relationship between electricity supply and economic diversification in Nigeria. The findings of the study revealed that the electricity supply had not played a fundamental role in enhancing economic diversification in Nigeria.

The study, therefore, recommended that for Nigeria to drive economic diversification through electricity supply, the government should fix the electricity supply problem which can be achieved by short-term action to reduce technical faults through maintenance of the transmission and distribution infrastructure or long-term interventions to expand generating capacity.

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Analysis in silico of the single nucleotide polymorphism G–152A in the promoter of the angiotensinogen gene of Indonesian patients with essential hypertension

transcriptional activity of the gene. The promoter is the center for regulation of gene transcription because it contains numerous transcription factor-binding sites [ 4 ]. Several SNPs in the promoter of the angiotensinogen gene ( AGT ) have also been implicated in the pathogenesis of high blood pressure, including those at nucleotides –6, –20, –217, –517, and –792 [ 5 , 6 ]. Human AGT , which is an important component of the renin–angiotensin system (RAS), is located on chromosome 1 (1q42–q43) and comprises 5 exons [ 7 ]. Angiotensinogen ( AGT ) is an important substrate

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Genetic Markers Associated with Power Athlete Status

polymorphic variants A1298C (rs1801131 A/C) of 5,10-methylenetetrahydrofolate reductase ( MTHFR ; location: 1p36.3), A2756G (rs1805087 A/G) of methionine synthase ( MTR ; location: 1q43), A66G (rs1801394 A/G) of methionine synthase reductase ( MTRR ; location: 5p15.31) genes were determined in athletes and control subjects. The frequencies of MTHFR rs1801131 C, MTR rs1805087 G and MTRR rs1801394 G alleles (probably associated with a reduced DNA methylation capacity) were significantly higher in athletes compared with controls ( Terruzzi et al., 2011 ). Recently

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Solutions and conservation laws of a generalized second extended (3+1)-dimensional Jimbo-Miwa equation

(q)^3-50 A_1 \beta c^2 d^2 H(q)^3+8 \alpha A_1^2 c^2 d k H(q)^3\\\displaystyle \,-\,8 A_1^2 \beta c^2 d k H(q)^3-\alpha A_1 \beta c^2 h H(q)+\alpha A_1 c^2 h \nu H(q)+A_1 \beta ^2 c^2 h H(q)-2 A_1 \beta c^2 h \nu H(q)\\\displaystyle \,+\,A_1 \beta c^2 h H(q)+A_1 c^2 h \nu ^2 H(q)-A_1 c^2 h \nu H(q)-A_1 c^2 k \nu H(q)+60 \alpha A_1 c d^3 H(q)^4\\\displaystyle \,-\,60 A_1 \beta c d^3 H(q)^4+10 \alpha A_1^2 c d^2 k H(q)^4-10 A_1^2 \beta c d^2 k H(q)^4-3 \alpha A_1 \beta c d h H(q)^2\\\displaystyle \,+\,3 \alpha A_1 c d h \nu H(q)^2+3 A_1 \beta ^2 c d h H(q)^2-6 A_1 \beta

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